Morton Office Space

Morton

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,980
As of: June 28, 2017

Morton Rates

Most listings are in the $10's per square foot per year. The Morton submarket is going through a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.

Morton Listing Supply

In the last 90 days, 18 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 28% of the listings in the Morton are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 4,980 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this market were built in 1980 and are Class C.

Morton Community

Market Report

Trends and status of the commercial real estate market in Morton.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Morton.
Research